Citadel founder Ken Griffin invests in AI real estate broker REX

Ken Griffin is among a number of backers of a unique AI-powered real estate brokerage REX that raised $40 million in its C1 round of funding today.

Griffin is the founder and CEO of Chicago-based hedge fund firm Citadel and was one of the leading investors in the financing round.

β€œIt is terrific to see the advancements that have driven down the cost of trading stocks and bonds being applied to the real estate markets,” Griffin said in a statement. β€œI look forward to supporting REX as it uses predictive analytics and transformative . . .

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